Housing costs in Chicago Heights?
A typical home costs
$163,000, which is 51.8% less expensive than the national average of
$338,100 and 32.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chicago Heights costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$1,260.
Can I afford Chicago Heights?
To live comfortably in Chicago Heights, Illinois, a minimum annual income of
$31,320 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Chicago Heights?
The cost of living in Chicago Heights, IL is generally considered to be quite affordable. According to BestPlaces, the overall cost of living index in Chicago Heights is 81.1, which is 11% lower than the Illinois average and 5% lower than the national average. In terms of housing costs, the median rent for a one-bedroom apartment is around $895 per month while the median cost of buying a house is approximately $90,000. Groceries and other everyday items are also relatively inexpensive; compared to major cities such as New York or Los Angeles, prices are much more reasonable in Chicago Heights. Overall, people who choose to live in Chicago Heights can expect to enjoy a comfortable lifestyle with lower than average costs associated with daily living expenses.